Friday 19 July 2019, 01:15 PM
India, Nepal sign 8 agreements
By IANS | Bharat Defence Kavach | Publish Date: 8/24/2017 2:14:26 PM
India, Nepal sign 8 agreements

New Delhi:  India and Nepal on Thursday signed eight agreements across different sectors, including four on post-earthquake reconstruction in the Himalayan nation.

"Establishing new mechanisms for collaboration. #IndiaNepal exchange agreements to strengthen cooperation in various spheres," External Affairs Ministry spokesperson Raveesh Kumar tweeted following delegation-level talks here headed by Prime Minister Narendra Modi and his Nepali counterpart Sher Bahadur Deuba.

With India committing $1 billion in reconstruction aid following the April 2015 devastating earthquake in Nepal that claimed nearly 9,000 lives, four memorandums of understanding (MoUs) were signed on utilisation of housing grant component to support reconstruction of 50,000 houses, and implementation of reconstruction packages in the education, cultural heritage and health sectors.

Another MoU was signed for implementation arrangement on cost sharing, schedules and safeguard issues for construction of Mechi bridge under the Asian Development Bank's South Asia Subregional Economic Cooperation (SASEC) road connectivity programme (Tranche 2), funded by India.

A sixth MoU was signed on drug demand reduction and prevention of illicit trafficking in narcotic drugs, psychotropic substances and precursor chemical and related matters. A seventh MoU was signed on cooperation between the Institute of Chartered Accountants of India and the Institute of Chartered Accountants of Nepal.

The two sides also signed an agreement on cooperation in the field of standardisation and conformity assessment. Prime Minister Deuba, heading a high-level delegation, arrived here on Wednesday on a five-day visit to India. It is his first foreign trip after assuming office in June this year and the fourth to India as Prime Minister. 

Nepal PM Deuba accorded ceremonial welcome

New Delhi: Nepal Prime Minister Sher Bahadur Deuba, who is here on a five-day state visit, wa accorded a ceremonial welcome on Thursday. President Ram Nath Kovind and Prime Minister Narendra Modi received Deuba before the guard of honour at the forecourt of the Rashtrapati Bhavan.

Later in the day, Deuba will hold delegation-level talks with Modi. Following which, the two leaders will remote launch power transmission lines from India to Nepal. Some agreements are also expected to be signed following the talks. 

Deuba will call on Kovind and Vice President Venkaiah Naidu while Union Ministers Sushma Swaraj and Arun Jaitley will call on the visiting dignitary, who is accompanied by a high-level delegation.Apart from his official engagements in New Delhi, Deuba will also visit Hyderabad, Tirupati and Bodh Gaya.

Deuba's visit, his first abroad after assuming office in June, comes days after Chinese Vice Premier Wang Yang was in Nepal during which the two sides inked several major agreements to boost energy and economic ties.The visit also comes amid the Doklam standoff between the Indian and Chinese troops that has led to escalation in tension between New Delhi and Beijing. 

 

 

Nepal-India defence cooperation interdependent: Modi

 

New Delhi: Prime Minister Narendra Modi on Thursday said that defence cooperation between India and Nepal is important to keep borders of the two countries secure as New Delhi and Kathmandu signed eight memoranda of understanding (MoUs), including four on post-earthquake reconstruction.

"Cooperation in defence and security is of high priority for us," Modi said while jointly addressing the media with visiting Nepalese Prime Minister Sher Bahadur Deuba following delegation-level talks here."Our defence interests are interdependent and linked to each other," he said. 

He said that to keep the open border between the two countries secure and for the security of the people on both sides, cooperation between the defence agencies of the two countries was very important. Modi's comments came even as Indian and Chinese troops are in a standoff situation along the Sikkim sector of the international border.

He also congratulated Deuba for ensuring the completion of two phases of the country's local elections successfully.Stressing on cooperation in the hydropower sector, he said that both sides agreed to increase efforts to complete ongoing projects within the given timeframe.

Tags:

Nepal,Sher Bahadur Deuba,Rashtrapati,engagements,Chinese

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